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Sports Related Clothing & Accessory Brand / Manufacturer Relocatable

California, Ventura

Asking Price

$249,000.00

Gross Income

$413,884.00

Cash Flow

$413,884.00

EBITDA

Furniture, Fixtures & Equipment (FF&E)

Inventory

Real Estate

Year Established

Number of Employees

Type of Real Estate Offered

Business Type

Clothing Sportswear

Athletic Footwear

Overview

This 20 year old sports related clothing and accessory brand s name is somewhat synonymous with the sport that they manufacture team apparel and accessories for. The company may be deemed to be the industry leader in that they solely produce a wide variety of clothing and safety gear for two particular segments within the sport, whereas their mainstream competitors are spread across several different sports / industries, thereby diluting their affiliation with any one particular sport (e.g. much in the same way that Burton is singularly known for Snowboarding gear, yet North Face may have products for all winter sports). The business has 4 employees, including two working owners. Knowledge transfer is deemed to be fairly easy.

Business Details

Location and Facilities: The business is run out of a 1,900 square foot office / warehouse that leases for $1,375 per month on a secure lease. The business may, however, be run out of any facility as it does not have a long term lease and is not location specific. Further, while shipping currently takes place onsite, product could be drop shipped from virtually anywhere or may be managed out of a separate warehouse. The sale includes all the business s assets including the furniture, fixtures, equipment, website and trade name. Inventory, valued at anywhere from $50,000 to $70,

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: New owners may seek to take this brand in any number of directions. First, if properly capitalized they will seek to: 1. establish a greater presence with retailers which the company does not do due to lack of sales reps, the necessary inventory / working capital), 2. go head to head with the majors, 3. expand their online presence, 4. diversify into complementary markets in their sports category, or finally, 5. sponsor more industry events, or finally, 6. capitalize on their name recognition by licensing it via agent with the connections to take them m Market. Competition does exist on multiple different fronts from major mainstream brands that are not specific to this sport, but no other firm has the industry focus that this firm does, and therefore cannot commands the same credibility with industry enthusiasts.